Latin American Discovery Fund, Inc. (AMEX:LDF)
A non-diversified, closed-end management Investment company.
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as the other more financially stable markets settle the US will become less important. Although still number 1, its a gloated bleeding bear.
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one of LDF investments owns a portion of that big oil find in gulf of mexico.
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Brasil has the Olympics in 2015 and the country is gearing up - private and public investment will feed the economy for the next 5-10 years. Consumers are more sophisticated than in other developing regions and are ready for high-value services and products.
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Muy Bien!!!!
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latin america will recover in the next 5 years, I want a piece of that market
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Latin America is risky and especially so in this economic climate; which is ever more the reason to buy into this fund. Risk is spread out among several major latin american companies, including RIO and PBR which are both very undervalued right now. And, the dividend and long term capital payouts are huge! If CAPS counted those, I would be way ahead on this pick.
When things calm down a bit I will buy more of this one; holding it for the long term.
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I love these types of funds. Great way to diversify overall holdings and open portfolio up to potential for large gains. Risk is inherant, especially with a foreign discovery fund, but if you have the ability to wait for long term returns I expect that you will be profitably rewarded with this pick. Central and South America has great potential, seeing the examples of Chile, Panama and Brazil should give some of these other countries a kick in the pants.
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high yield
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Excellent exposure to Latin America and great dividends...
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Morgan Stanley's Great CEF of Latin America
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Latin America is outperforming other emerging markets, china, gold, and pretty much anything else right now. This small-cap closed-end fund is a great way to take advantage of the trend without having to micromanage every new development south of the border.
Great P/E, RoE, and the dividend is just plain sexy. Latin America might not be the foremost performer in the market forever, but even if it gets passed it will continue to be a great play.
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South America stock do very well, but are more volatile than US stocks. This fund paid nearly a $7 dividend last year, and will outperform the stock market on the dividend alone.
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Another one of my "dooms-day" funds. This fund has been doing well recently and I believe will outperform with the up-coming or current downswing in the US markets.
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South America is hot
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So much room for growth...
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With the stock paying out over 20% in dividends it will be hard for the S&P 500 to beat this gem out.
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Great buy as it is trading well above it's 50 day and 200 day average. A fantastic pick, with a nice dividend.
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This portfolio of firms in the Latin American countries in the location of south american/central america, should stimulate fund performance
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Based on graph trends
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